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Side-by-side financial comparison of Brookfield Renewable Partners L.P. (BEP) and Howmet Aerospace (HWM). Click either name above to swap in a different company.

Howmet Aerospace is the larger business by last-quarter revenue ($2.2B vs $1.7B, roughly 1.3× Brookfield Renewable Partners L.P.). Howmet Aerospace runs the higher net margin — 17.2% vs 5.9%, a 11.2% gap on every dollar of revenue. On growth, Howmet Aerospace posted the faster year-over-year revenue change (14.6% vs 14.2%).

Brookfield Renewable Partners L.P. is a publicly traded limited partnership that owns and operates renewable power assets, with corporate headquarters in Toronto, Ontario, Canada. It is 60% owned by Brookfield Asset Management.

Howmet Aerospace Inc. is an American aerospace company based in Pittsburgh, Pennsylvania. The company manufactures components for jet engines, fasteners, titanium structures for aerospace applications, and forged aluminum wheels for heavy trucks.

BEP vs HWM — Head-to-Head

Bigger by revenue
HWM
HWM
1.3× larger
HWM
$2.2B
$1.7B
BEP
Growing faster (revenue YoY)
HWM
HWM
+0.5% gap
HWM
14.6%
14.2%
BEP
Higher net margin
HWM
HWM
11.2% more per $
HWM
17.2%
5.9%
BEP

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BEP
BEP
HWM
HWM
Revenue
$1.7B
$2.2B
Net Profit
$100.0M
$372.0M
Gross Margin
Operating Margin
22.6%
Net Margin
5.9%
17.2%
Revenue YoY
14.2%
14.6%
Net Profit YoY
213.6%
18.5%
EPS (diluted)
$-0.22
$0.92

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BEP
BEP
HWM
HWM
Q4 25
$2.2B
Q3 25
$2.1B
Q2 25
$1.7B
$2.1B
Q1 25
$1.9B
Q4 24
$1.9B
Q3 24
$1.8B
Q2 24
$1.5B
$1.9B
Q1 24
$1.8B
Net Profit
BEP
BEP
HWM
HWM
Q4 25
$372.0M
Q3 25
$385.0M
Q2 25
$100.0M
$407.0M
Q1 25
$344.0M
Q4 24
$314.0M
Q3 24
$332.0M
Q2 24
$-88.0M
$266.0M
Q1 24
$243.0M
Operating Margin
BEP
BEP
HWM
HWM
Q4 25
22.6%
Q3 25
25.9%
Q2 25
25.4%
Q1 25
25.4%
Q4 24
23.5%
Q3 24
22.9%
Q2 24
21.2%
Q1 24
20.2%
Net Margin
BEP
BEP
HWM
HWM
Q4 25
17.2%
Q3 25
18.4%
Q2 25
5.9%
19.8%
Q1 25
17.7%
Q4 24
16.6%
Q3 24
18.1%
Q2 24
-5.9%
14.1%
Q1 24
13.3%
EPS (diluted)
BEP
BEP
HWM
HWM
Q4 25
$0.92
Q3 25
$0.95
Q2 25
$-0.22
$1.00
Q1 25
$0.84
Q4 24
$0.76
Q3 24
$0.81
Q2 24
$-0.28
$0.65
Q1 24
$0.59

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BEP
BEP
HWM
HWM
Cash + ST InvestmentsLiquidity on hand
$1.9B
$742.0M
Total DebtLower is stronger
$3.0B
Stockholders' EquityBook value
$33.3B
$5.4B
Total Assets
$98.6B
$11.2B
Debt / EquityLower = less leverage
0.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BEP
BEP
HWM
HWM
Q4 25
$742.0M
Q3 25
$659.0M
Q2 25
$1.9B
$545.0M
Q1 25
$536.0M
Q4 24
$564.0M
Q3 24
$475.0M
Q2 24
$1.2B
$752.0M
Q1 24
$533.0M
Total Debt
BEP
BEP
HWM
HWM
Q4 25
$3.0B
Q3 25
$3.2B
Q2 25
$3.3B
Q1 25
$3.3B
Q4 24
$3.3B
Q3 24
$3.4B
Q2 24
$3.7B
Q1 24
$3.7B
Stockholders' Equity
BEP
BEP
HWM
HWM
Q4 25
$5.4B
Q3 25
$5.1B
Q2 25
$33.3B
$5.0B
Q1 25
$4.8B
Q4 24
$4.6B
Q3 24
$4.5B
Q2 24
$28.0B
$4.3B
Q1 24
$4.1B
Total Assets
BEP
BEP
HWM
HWM
Q4 25
$11.2B
Q3 25
$11.2B
Q2 25
$98.6B
$11.0B
Q1 25
$10.8B
Q4 24
$10.5B
Q3 24
$10.6B
Q2 24
$73.8B
$10.7B
Q1 24
$10.4B
Debt / Equity
BEP
BEP
HWM
HWM
Q4 25
0.57×
Q3 25
0.62×
Q2 25
0.65×
Q1 25
0.69×
Q4 24
0.73×
Q3 24
0.75×
Q2 24
0.86×
Q1 24
0.90×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BEP
BEP
HWM
HWM
Operating Cash FlowLast quarter
$379.0M
$654.0M
Free Cash FlowOCF − Capex
$530.0M
FCF MarginFCF / Revenue
24.4%
Capex IntensityCapex / Revenue
5.7%
Cash ConversionOCF / Net Profit
3.79×
1.76×
TTM Free Cash FlowTrailing 4 quarters
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BEP
BEP
HWM
HWM
Q4 25
$654.0M
Q3 25
$531.0M
Q2 25
$379.0M
$446.0M
Q1 25
$253.0M
Q4 24
$480.0M
Q3 24
$244.0M
Q2 24
$231.0M
$397.0M
Q1 24
$177.0M
Free Cash Flow
BEP
BEP
HWM
HWM
Q4 25
$530.0M
Q3 25
$423.0M
Q2 25
$344.0M
Q1 25
$134.0M
Q4 24
$378.0M
Q3 24
$162.0M
Q2 24
$342.0M
Q1 24
$95.0M
FCF Margin
BEP
BEP
HWM
HWM
Q4 25
24.4%
Q3 25
20.2%
Q2 25
16.8%
Q1 25
6.9%
Q4 24
20.0%
Q3 24
8.8%
Q2 24
18.2%
Q1 24
5.2%
Capex Intensity
BEP
BEP
HWM
HWM
Q4 25
5.7%
Q3 25
5.2%
Q2 25
5.0%
Q1 25
6.1%
Q4 24
5.4%
Q3 24
4.5%
Q2 24
2.9%
Q1 24
4.5%
Cash Conversion
BEP
BEP
HWM
HWM
Q4 25
1.76×
Q3 25
1.38×
Q2 25
3.79×
1.10×
Q1 25
0.74×
Q4 24
1.53×
Q3 24
0.73×
Q2 24
1.49×
Q1 24
0.73×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BEP
BEP

Segment breakdown not available.

HWM
HWM

Engine Products Segment$1.2B54%
Fastening Systems$454.0M21%
Forged Wheels$264.0M12%
Aerospace Defense$236.0M11%
Commercial Transportation$46.0M2%

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